Do COPX and ICOP hold the same stocks?

By their latest filings, 49% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, COPX or ICOP?

COPX has 5% of its weight in S&P 500 names and ICOP has 13%, so COPX differs more from the index.

Which is cheaper, COPX or ICOP?

COPX charges 0.65% a year and ICOP charges 0.47%, so ICOP is cheaper. Fees come from each fund's prospectus.

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COPX vs ICOP: which is really different?

COPX and ICOP hold 49% of their weight in the same names, and COPX returned +45.4% over the year. Global X Copper Miners ETF and iShares Copper and Metals Mining ETF.

5.0%

COPX in the S&P 500

13.2%

ICOP in the S&P 500

+45.4%

COPX total return, 1 year

+44.3%

ICOP total return, 1 year

COPX · 1 year to Sep 30, 202695% of its weight is outside the S&P 500

5% of COPX's weight is in S&P 500 companies and 95% is outside the index

ICOP · 1 year to Sep 30, 202687% of its weight is outside the S&P 500

13% of ICOP's weight is in S&P 500 companies and 87% is outside the index

ETFIQ Off-Index Score · COPX scores higherHow much of it is not the index it is sold as an alternative to?

COPX 82.3

ICOP 74.4

0.1, the lowest in this set92.0, the highest

A percentile among the 375 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, COPX and ICOP hold 49% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 29, 2026 and Sep 30, 2026.

50%

half

49% in common

Positions both hold, largest shared weight first

Holding COPX ICOP

BHP GROUP LTD 5.10% 7.76%

FREEPORT-MCMORAN INC 4.96% 8.29%

SOUTHERN COPPER CORP 5.33% 4.89%

ANTOFAGASTA PLC 4.75% 4.43%

KGHM POLSKA MIEDZ SA 4.64% 3.13%

GLENCORE PLC 4.71% 2.93%

CAPSTONE COPPER CORP 3.50% 1.84%

MMG LTD 2.35% 1.31%

ATALAYA MINING COPPER SA 0.92% 0.53%

FARADAY COPPER CORP 0.45% 0.26%

AMERIGO RESOURCES LTD 0.46% 0.25%

FIREFLY METALS LTD 0.46% 0.24%

Only in COPX

HUDBAY MINERALS INC 5.80%

TECK RESOURCES LTD-CLS B 5.51%

FIRST QUANTUM MINERALS LTD 4.58%

SUMITOMO METAL MINING CO LTD 4.41%

BOLIDEN AB 4.18%

ZIJIN MINING GROUP CO LTD-H 4.10%

LUNDIN MINING CORP 3.87%

SANDFIRE RESOURCES LTD 3.77%

Only in ICOP

ANGLO AMERICAN PLC 8.16%

GRUPO MEXICO B 8.11%

TECK RESOURCES SUBORDINATE VOTING 5.68%

NEWMONT 4.93%

FIRST QUANTUM MINERALS 4.80%

LUNDIN MINING 4.42%

HUDBAY MINERALS 3.20%

RIO TINTO ADR REPTG ONE 3.09%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

49% of the two portfolios are the same securities at the same weight.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	COPX	ICOP	COPX	ICOP	COPX	ICOP
3 months	+12.5%	+9.6%	+10.0 pts	+7.1 pts	+10.4 pts	+7.5 pts
6 months	+8.8%	+8.9%	−8.2 pts	−8.0 pts	−18.1 pts	−17.9 pts
1 year	+45.4%	+44.3%	+29.7 pts	+28.5 pts	+21.6 pts	+20.5 pts
3 years	+146.8%	+137.4%	+61.9 pts	+52.4 pts	+36.9 pts	+27.4 pts
Since launch COPX Apr 2010 · ICOP Jun 2023	+171.9%	+134.9%	−572.7 pts	+51.7 pts	−1440.8 pts	+27.1 pts

COPX and ICOP over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

COPX

Global X Copper Miners ETF · Holds 48 stocks in copper, 5% of its weight in S&P 500 companies

ICOP

iShares Copper and Metals Mining ETF · Holds 87 stocks in copper, 13% of its weight in S&P 500 companies

Issuer Global X iShares

Theme Copper Copper

In the S&P 500 5.0% 13.2%

Active share vs the S&P 500 99.9% 99.7%

In the Nasdaq-100 0.0% 0.0%

Holdings 48 87

Top ten, share of the fund 49.8% 61.5%

Expense ratio 0.65% 0.47%

Fee for the differing part 0.65% 0.47%

Total return, 1 year +45.4% +44.3%

vs the S&P 500 +29.7 pts +28.5 pts

vs the Nasdaq-100 +21.6 pts +20.5 pts

Below its high −12.2% −12.6%

Net assets $7.3bn $467m

COPX and ICOP on the same fields, as of Sep 30, 2026. Source: ETFIQ.

COPX in plain words

By weight, 5% of COPX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 50% of the fund across 48 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +45.4% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 29.7 pts. It sits 12.2% below its all-time high of Aug 27, 2026.

ICOP in plain words

By weight, 13% of ICOP's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 62% of the fund across 87 positions, as published by its issuer for Sep 29, 2026. Over the year to Sep 30, 2026 the fund returned +44.3% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 28.5 pts. It sits 12.6% below its all-time high of Aug 25, 2026.

Questions people ask

Do COPX and ICOP hold the same stocks?: By their latest filings, 49% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, COPX or ICOP?: COPX has 5% of its weight in S&P 500 names and ICOP has 13%, so COPX differs more from the index.
Which is cheaper, COPX or ICOP?: COPX charges 0.65% a year and ICOP charges 0.47%, so ICOP is cheaper. Fees come from each fund's prospectus.

Other comparisons

COPX vs GRID COPX vs JOUL COPX vs KWEB COPX vs NLR ICOP vs JOUL ICOP vs POW ICOP vs POWR ICOP vs GRID

COPX on its own →ICOP on its own →How every figure is computed →Standards and sources →

Where these figures came from

COPX filings on SEC EDGAR ↗COPX prospectus with the expense ratio (SEC) ↗Global X page for COPX ↗ICOP filings on SEC EDGAR ↗ICOP prospectus with the expense ratio (SEC) ↗iShares page for ICOP ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, COPX against ICOP, data as of Sep 30, 2026. https://etfiq.com/compare/themes/copx-vs-icop

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.